Stock calls for 30 August 2024

Date	Analyst	Company	Last	Target	Call	Valuation
08/30/24	DMG & Partners	AIMS AMP Cap Ind Reit	1.28	1.46	Buy	DDM
08/30/24	Lim & Tan	Centurion	0.74	0.83	Accumulate	PER7.1x FY25
08/30/24	Kim Eng	Civmec	0.94	1.05	Buy
08/30/24	Lim & Tan	Civmec	0.94	1.2	Accumulate
08/30/24	DBS Vickers	IHH Healthcare	1.9	2.18	Buy
08/30/24	DMG & Partners	Keppel Reit	0.885	1.05	Buy	DDM
08/30/24	UOB Kay Hian	PanUnited	0.51	0.71	Buy
08/30/24	DMG & Partners	Suntec Reit	1.23	1.35	Buy

US has just revised up its GDP growth.

 US has just revised up its Q2 2024 GDP from 2.8% to 3%!

Let's break it up and see what the changes are.

Q2 GDP (1st estimate) = 0.53 + 1.46 + 1.57  + (-0.72) = 2.84 (2.8)

Q2 GDP (2nd estimate) = 0.46 + 1.31 + 1.95 + (-0.77) = 2.95 (3)

As we can see from the comparisons between the 1st and 2nd estimates, the US has revised up the consumption component significantly and revised down the rest of the GDP components (Government spending, Investment and Net Export).

Singapore Post - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/12/23	UOB Kay Hian	Singapore Post	0.515	0.46	Hold	PER21.3x
05/12/23	CIMB	Singapore Post	0.515	0.55	Hold
06/20/23	Lim & Tan	Singapore Post	0.47	0.5	Hold
07/07/23	Lim & Tan	Singapore Post	0.48	0.5	Accumulate
07/07/23	CIMB	Singapore Post	0.48	0.55	Hold	Sum of parts
07/11/23	UOB Kay Hian	Singapore Post	0.46	0.46	Hold	PER21.3x
07/18/23	Lim & Tan	Singapore Post	0.49	0	Speculative Buy
08/18/23	Lim & Tan	Singapore Post	0.485	0	Accumulate
08/21/23	UOB Kay Hian	Singapore Post	0.5	0.44	Hold	PER21.3x FY24
08/22/23	CIMB	Singapore Post	0.51	0.52	Hold	Sum of parts
08/22/23	OCBC	Singapore Post	0.51	0.54	Hold
09/19/23	CIMB	Singapore Post	0.485	0.6	Add
09/19/23	Lim & Tan	Singapore Post	0.485	0.52	Accumulate
09/20/23	UOB Kay Hian	Singapore Post	0.495	0.515	Hold	PER21.3x FY24
11/03/23	UOB Kay Hian	Singapore Post	0.46	0.61	Buy	Sum of parts
11/03/23	CIMB	Singapore Post	0.46	0.6	Add
11/03/23	OCBC	Singapore Post	0.46	0.555	Buy
02/09/24	UOB Kay Hian	Singapore Post	0.405	0.54	Buy	Sum of parts
02/09/24	CIMB	Singapore Post	0.405	0.58	Add	Sum of parts
02/13/24	OCBC	Singapore Post	0.4	0.555	Buy
03/19/24	Lim & Tan	Singapore Post	0.38	0.56	Accumulate
03/20/24	UOB Kay Hian	Singapore Post	0.405	0.54	Buy	Sum of parts
03/20/24	CIMB	Singapore Post	0.405	0.58	Add	Sum of parts
05/10/24	Lim & Tan	Singapore Post	0.46	0.56	Accumulate
06/26/24	Lim & Tan	Singapore Post	0.445	0.62	Accumulate
06/26/24	CIMB	Singapore Post	0.445	0.63	Add
08/19/24	UOB Kay Hian	Singapore Post	0.44	0.61	Buy	Sum of parts
08/19/24	Lim & Tan	Singapore Post	0.44	0.62	Accumulate
08/20/24	CIMB	Singapore Post	0.43	0.6	Add